Executive Employment Agreement – Common Law Salaried Executive Employee (Full Time or Part Time)

Template Executive Employment Agreement for a Full Time or Part Time Salaried Executive Employee (Common Law).

Executive Employment Agreements - Unlock Success and Compliance

Gain peace of mind and empower your organisation with our comprehensive 20+ page Executive Employment Agreement – the ultimate solution for securing top executive talent while protecting your company's interests.

Are you ready to establish executive employment agreements that set your organisation on a path to success? Our Executive Employment Agreements are your key to securing top-tier executive employees, whether they are full-time or part-time, and ensuring compliance with Australian law.

The Power of Employment Contracts

An employment contract is more than just a piece of paper; it’s the foundation of a successful employer-employee relationship. It outlines the terms and conditions that govern employment, providing clarity and avoiding misunderstandings. While contracts can be verbal, putting essential terms in writing is advisable to prevent any ambiguity.

Legal Compliance: Your Guarantee

But can an employment contract undercut legal minimums? Absolutely not. Our Executive Employment Agreements adhere strictly to the legal minimums outlined in the National Employment Standards (NES) and any applicable awards, enterprise agreements, or registered agreements. Rest assured, all employees are protected by the NES, regardless of whether they’ve signed a contract. Our agreements will never leave employees worse off than their minimum legal entitlements.

Executive Terms: Your All-in-One Solution

Our executive employment contract contains over 50 terms, designed for common law salaried executive employees, and is your ultimate solution. These terms cover a comprehensive range of essential aspects of employment, ensuring clarity and compliance:

1. Definitions: Start your agreement on the right foot by clearly defining essential terms and concepts.
2. Engagement: Gain a crystal-clear understanding of the engagement and expectations.
3. Preconditions to Employment: Ensure a seamless onboarding experience with well-defined due diligence background preconditions.
4. Position: Clarify roles and responsibilities to set the stage for success.
5. Term: Define the employment duration to align expectations (if applicable).
6. Probationary Period: Navigate the early stages with a structured probationary period.
7. Duties and Responsibilities: Clearly outline executive duties and responsibilities for a harmonious working relationship.
8. Executive to Serve the Company: Reinforce commitment to company goals and values.
9. Duty to Avoid Conflicts of Interest: Safeguard integrity with a commitment to conflict avoidance.
10. Duty of Good Faith and Fidelity: Promote trust and loyalty within your organisation.
11. Duty Not to Accept Inducements: Uphold ethical standards by avoiding inducements.
12. Maintain Records: Ensure accurate record-keeping for transparency.
13. Performance Review: Set the stage for growth and development with regular performance assessments.
14. Location of Work: Define work locations for flexibility and clarity.
15. Hours of Work: Clearly specify working hours for a balanced work-life relationship.
16. Remuneration: Securely address executive compensation and benefits.
17. Remuneration Package: Detail the comprehensive remuneration package.
18. Payment of Salary: Ensure timely salary payments with agreed-upon terms.
19. Superannuation or Other Such Payments: Address superannuation benefits and contributions.
20. Salary Review: Keep compensation competitive with regular salary reviews.
21. Salary Sacrifice: Explore salary sacrifice options for tax efficiency.
22. Above Award Payments: Recognise executive above-award payment.
23. Travel and Business Expenses: Streamline expense management for business travel.
24. Business Travel: Define travel expectations and reimbursements.
25. Reimbursement of Expenses: Set clear guidelines for reimbursable expenses.
26. Leave Entitlements: Address various leave types and entitlements.
27. Policies and Procedures: Ensure executive alignment with company policies and procedures.
28. Health and Safety: Establish the executive’s responsibility for health and safety.
29. Health Information: Safeguard sensitive health information.
30. Confidentiality: Protect vital company IP and sensitive information.
31. What is Confidential Information: Clearly define what constitutes confidential information.
32. Obligation of Confidentiality: Instil a commitment to keeping company information secure.
33. Intellectual Property: Address intellectual property rights and usage.
34. Moral Rights: Uphold moral rights standards.
35. Agreed Restraint: Define post-employment restraints for mutual benefit.
36. Acknowledgements: Ensure executives acknowledge their obligations.
37. Restraint: Specify the period and geographic scope of restraints.
38. Clauses Are Severable: Ensure individual clauses remain enforceable.
39. Enforceability: Guarantee the enforceability of your agreement.
40. Executive’s Acknowledgements: Obtain explicit acknowledgments from executives.
41. Suspension: Clearly outline suspension terms and conditions.
42. Termination: Define the termination process, rights, and responsibilities.
43. Termination on Notice Without Cause: Ensure fair termination procedures without cause.
44. Summary Dismissal: Address the consequences of summary dismissal.
45. Executive to Repay Amounts Owing: Safeguard company finances by outlining repayment obligations.
46. Not to Prejudice Rights: Prevent actions that could prejudice legal rights.
47. Consequences of Termination: Clearly state the implications of termination.
48. Deliver Up All Property: Ensure the return of company property post-termination.
49. Resign from Offices: Specify post-termination resignation requirements.
50. No Representations: Clarify that no unauthorised representations are made.
51. Expenses: Address and manage expenses effectively within the agreement.

Our comprehensive Executive Employment Agreement covers every facet of your executive employment relationship, ensuring clarity, compliance, and confidence. Elevate your executive team with an agreement tailored to your needs and priorities. Our Executive Employment Contract standard terms are versatile and applicable to all executive employees.

Minimum entitlements can come from various sources, such as awards, enterprise agreements, and legislation like the Fair Work Act 2009. With our standard terms and expert guidance, you’ll navigate these complexities with ease.

Your Trust, Our Commitment

Using our standard terms and information is at your discretion, but your success is our priority. By accessing HR Expert Australia and its resources, you acknowledge that you assume any associated risks and agree not to make any claims for loss, damage, or expenses arising from their use.

Unlock the full potential of your executive employment agreements. Contact us today to start your journey to success and compliance. Elevate your workforce and protect your organisation with our expertly crafted contracts.